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UPDATE 7/31/13 – 3:10PM – Due to changes in our schedule, our watch list for Thursday August 1st will be posted later than normal around 9PM EST.
Hi Everyone & Welcome New Subscribers,
Although KVPHQ started off on the right foot, shares started to consolidate some today after trading up over the past 5 days, but after the report that was issued yesterday from a Seeking Alpha article it may be one to watch on price dips over the short term. Make sure the stock can get through the .80c range before you go buying to the upside, it appeared that a double top formed in that range today.
SANB – Volume/Promotion – (Sanborn Resources, Ltd.) – closed up 11.82%, at .503c a share, on over 1.35 million shares traded today. The stock was off to another good start today, opening .02c above yesterday’s close of .45c at .47c a share, and held it’s opening price as today’s low. After having such a strong day for the second day in a row, closing just off today’s high of .51c, the stock now has several indicators that appear to be on the verge of turning bullish. With that being said, we could see an even bigger move past .60c over the next couple days. This will be one to keep on very close watch as we anticipate news updates from the company to complement the trading volume we have seen. Keep it on top of your list tomorrow.
SOUL – Potential Continued Breakout – (Soul and Vibe Interactive, Inc.) – closed up 17.80%, at $1.39 a share, on over 4.94 million shares traded today. After consolidating some after it’s massive move up last week yesterday, SOUL was right back at it today, trading up over 20% at times and closing not far off today’s high of $1.45c. Volume has remained consistent as well, which is a very good sign for longs, but could put shorts in a bind tomorrow if the price moves past today’s high of $1.45 or the 52 week high of $1.51. Look for a break of both to send the stock higher, especially a break of all-time highs.
RAGO – Profiled Pick – (Rango Energy, Inc.) – closed up 5.88%, at .36c a share, on 148,602 shares traded today. After establishing a double bottom just above .30c, near the .32c range, the stock found nice support at today’s low of .33c a
nd closed at today’s high of .36c. We are looking for a break and close above .40c out of our profile pick to confirm that the stock’s uptrend is still intact and that anticipation remains high over the Company’s exciting developments. It could come as early as this week and we plan on updating our e-mail subscribers if/when that happens. This is one that we feel very strongly about at this level and would be surprised to see it move anywhere but up from these prices if results are as positive as anticipated.
The Penny Stock Experts Team at Todayspickis.com
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